Ontario offers rebates for rental housing developers

Ontario is investing in Toronto’s rental housing market to encourage the creation of more affordable rental housing.

The province’s housing minister Peter Milczyn has announced funding for municipalities to provide rebates to developers who want to build high-rise, mid-rise, and townhouse rental housing. The City of Toronto will receive $60 million to encourage the construction of complete communities that are accessible, livable, walkable, and close to transit and other services.

Read more at Construction Canada

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